Another 1 in europe, the impact of the euro, now it is 1. 20 yeah. Most of it happened friday i cant say it was that much of a move, felt like the cap stone of a huge move it was almost a parody earlier this year. Now at a buck 20 theres the euro, 1. 193 it was 1. 17 and change, just under 1. 18, then went up to 1. 20, led by a pound at some point, and all based on comments from jackson hole. Doesnt say things are awful, i guess the implication, take it another 10 higher. She didnt say things were great. People know all right. Well get to texas in a minute first, an important corporate story to tell you about after a bizarre ceo search, wasnt it . Finally chosen, uber has, expedia Ceo Dara Khosrowshahi to be the next chief executive, he has been with expedia since 2005, credited with expanding the global presence. He immigrated to the United States from iran in the late 70s. He says he was the truth pick for uber he has been very inquisitive, visionary, i guess barry diller met him whe
The dow was down about 135 points at the lows of the session. Before ending the day higher by 55 investors initially piled into risk off trade gold at its highest level in a year, but that turned negative the dollar getting crushed earlier, hitting two and a half year lows before gaining back all the lost ground then some. The vix which was up as much as 17 today ended up not even 4 higher, so, is this the market that you cant sell . And theyre in a risk to the market what is . Obviously, you cant at a certain point, but we had this conversation, the news about missile broke about 20 minutes into the show night. We had an interesting conversation, but one of the take aways was it wasnt the actually Missile Launch in our opinion that was going to be the side effect for the market it was whatever the response was going to be. Quite frankly, we havent seen a response, so i think we try to keep cool heads last night turned out to be the right advice the vix, that tells you all you need to
Closing up for the fourth week in a row the nasdaq once again closing at another high and lets take a look whats been happening in asia overnight markets in japan and south korea are closed for public holidays. You did have the china markets open with the shanghai markets being closed after a week long holiday. That index was up by. 7 of a percent. In europe this morning in some of the lerl i traearly trading, like things are relatively flat. Slight declines, very slight declines in germany and france the ftse down. Spain is up by. 7 of a percent finally, check out crude oil prices and youre going to see that right now it looks like wti is down by by 10 cents still below 50 a barrel at 49. 20. Thanksgiving in canada. Today unless someone is playing a joke on me they tweeted that in there i dont know what that means exactly. Is it the same they didnt have. Turkeys, pilgrims thats our holiday, isnt it . One of ours. Come on, joe. It can be a totally different reason to give thanks maybe.
Warm welcome to Worldwide Exchange. Im wilfred frost at cnbc hq im safer sar a eisen in washington today were always here when finance ministers from around the globe descend on washington. This time its unusual 2017 for the first year since before the economic crisis and financial crisis is a year of synchronized Global Growth european debt crisis, fiscal cliffs, all sorts of uncertainties in the u. S forget it. This year the Global Economy is in expansion mode together, its not just certain economies were relying on the question is how fragile is that how sustainable is that . How can policymakers take the opportunity to put in place policies that will sustain it. Policies like tax reform front and center in washington for the u. S. One other common theme, apart from the uk, is the lack of inflation. Im sure thats a topic that will come up i thought we would get a catchup first i only see you by video link these days its a busy week for me the p g proxy vote in since nat tichlt ill c
Get to Public Comment as he will as possible we have a lot of people here to speak on behalf of several issues please bear with us we will have to allow you want to for everybody to be heard with that said, i want to acknowledge longer commissioner jill wynns in the audience it is good to see you. clapping. section a information for the pun were going on to section b pun were going on to section b complete a speaker card and present it to the executive assistant. Speaker cards will not be accepted if an item is already before the board. Prior to the item called and present to say to the executive assistant according to the board rules and procedures speakers will not be accepted for an item before the board superintendants report. Superintendant lee immigration mr. Walton and commissioners i have a few items to report on. One thing i forgot to do will everyone please stand for the pledge of allegiance. Thank you president walton and something seemed a little bit out of order there so t